Common use of Extension of Powers Clause in Contracts

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Agreement shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx 0000 and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this Agreement.

Appears in 3 contracts

Samples: Intercreditor Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Canada Goose Holdings Inc.)

AutoNDA by SimpleDocs

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Agreement Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx 0000 and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this AgreementDebenture.

Appears in 3 contracts

Samples: Intercreditor Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Canada Goose Holdings Inc.)

Extension of Powers. The power of sale or other disposal conferred on the Security Collateral Agent and on any Receiver by this Agreement Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx 0000 and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this AgreementDebenture.

Appears in 2 contracts

Samples: Global Crossing LTD, Global Crossing Uk Telecommunications LTD

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Agreement Deed shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx Axx 0000 and such power shall arise (and the Secured Obligations Liabilities shall be deemed due and payable for that purpose) on execution of this AgreementDeed.

Appears in 2 contracts

Samples: Hertz Corp, Hertz Corp

Extension of Powers. The power of sale or other disposal conferred on the Interim Security Agent and on any Receiver by this Agreement Deed shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx 0000 Act 1925 and such power shall arise (and the Secured Obligations Liabilities shall be deemed due and payable for that purpose) on execution of this AgreementDeed.

Appears in 1 contract

Samples: Interim Security Agreement

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Agreement Deed shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx 0000 and such power shall arise (and the Secured Obligations Liabilities shall be deemed due and payable for that purpose) on execution of this AgreementDeed.

Appears in 1 contract

Samples: Hertz Corp

AutoNDA by SimpleDocs

Extension of Powers. The power of sale or other disposal conferred on the Security Agent Trustee and on any Receiver by this Agreement shall deed will operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx 0000 Act 1925 and such power shall will arise (and the Secured Obligations shall Liabilities will be deemed due and payable for that purpose) on execution of this Agreementdeed.

Appears in 1 contract

Samples: www.optivoinvestors.co.uk

Extension of Powers. The power of sale or other disposal conferred on the Interim Security Agent and on any Receiver by this Security Agreement shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx 0000 Act 1925 and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this Security Agreement.

Appears in 1 contract

Samples: Interim Security Agreement

Extension of Powers. The power of sale or other disposal conferred on the Interim Security Agent and on any Receiver by this Agreement Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property Xxx 0000 and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this AgreementDebenture.

Appears in 1 contract

Samples: www.laing.com

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!